BLOGS

Fossil Fuels
Despite all the furor over alternative energy sources, fossil fuels continue to power our lives. Yes, oil is starting to dwindle in supply, but we could always drill for the stuff in the Arctic National Wildlife Refuge … and save ourselves a buck per barrel 20 years from now. And global reserves of coal—recently thought to be enough to last for centuries at current levels of production—might actually be significantly lower: “peak coal” could apparently sneak up on us pretty fast.

Solar, Wind, and Geothermal
This oft-forgotten trio has shown lots of promise, and now a few large-scale realizations are finally underway, such as the U.S. Air Force base in Nevada powered entirely with solar panels.

I think the reality is likely to be that by the time petroleum enters its global depletion phase (so far July 2008) there is nothing that is going to serve as a substitute. If and when the recovery from our current economic crisis abates, because of the lack of investment, shortfalls in net energy are likely to occur, sending us right back into a recession or worse. It’s interesting to note that, today, renewable energy as a percentage of total energy consumption is not much greater than it was in 1850. As the Hirsch report states, any mitigation of peak oil must occur at least 10 years before peak–twenty would be more like it. We need to prepare for a future in which energy is scarce and expensive. It is difficult to picture what that may look like.

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American dependence on fossil fuels isn’t going to end any time soon: solar panels and wind turbines provided only about a half per cent of total U.S. energy consumption in 2007, and they don’t work when the sun isn’t shining or the wind isn’t blowing.

Creating “green jobs,” a key component of the agenda, is different from creating new jobs, since green jobs, if they’re truly green, displace non-green jobs—wind-turbine mechanics instead of oil-rig roughnecks—probably a zero-sum game, as far as employment is concerned.

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